I was just have a look the early days of Sally Malay (Panoramic) before they started mining in 2005.
Resource = 3,403 @ 1.88 => 65KT Ni
Ni price = around $6-7lb
MC = about $150mil fully diluted.
Here we are
Resource = 6MT @ 1.67 => 100KT Ni
Ni Price = $8lb
MC = $100mil fully diluted.
IMO Poseidon is still highly undervalued and not getting any recognition for the last two resource upgrades. Everyone is focused on Cawse while not seeing the forest for the trees.
POS should have a MC of around $200mil based on what we have so far.
Market, wake up and do the numbers!
- Forums
- ASX - By Stock
- POS
- undervalued
undervalued
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add POS (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.81M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $7.08K | 1.773M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
119 | 96704057 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 51461637 | 55 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
119 | 96704057 | 0.003 |
37 | 66412489 | 0.002 |
17 | 35412753 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 51461637 | 55 |
0.005 | 29189651 | 21 |
0.006 | 7638997 | 9 |
0.007 | 1668099 | 8 |
0.008 | 1800000 | 1 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
POS (ASX) Chart |